DailyPlay for Friday July 31st, 2015 – Infinera Corporation (INFN)

The bullish DailyPlay we chose for Friday July 31st is Infinera Corporation (INFN). INFN is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 3.09% move higher as both 1-month and 6-month trends remain bullish.

Infinera Corporation’s 1-month and 6-month trend indicators remain in a strong bullish trend as it continues to show positive momentum. After recently bouncing off its $21.90 support level, INFN looks to continue this momentum higher.

View this trade idea on $INFN